Re:Tesla’s China Dream Threatened by Standoff Over Shanghai ...
by anthonyleecook on Thursday February 15, 2018 @06:43PM
(#16388788)
Like you mentioned, the problem is that China promised an open market 15 years ago to wto. What we got instead is forced local 50/50 “partnership” and tech transfers. With the Chinese state enterprises winning at the end.
Re:Tesla’s China Dream Threatened by Standoff Over Shanghai ...
by seanmcdirmid on Thursday February 15, 2018 @05:12PM
(#16388238)
In the case of car manufacturing, it isn’t about getting access to a cheap workforce, but getting access to the Chinese market.
The other side of this is takeovers in the West - sometimes they get blocked by government, like quite recently in Germany.
The West wanted cheap workforce, it came with a hefty price that will be paid years later after WTO admission, didn't you know?